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Cal. Evid. Code § 819
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§ 819 [Capitalized Net Rental Value as Valuation Basis]
Division 7: Opinion Testimony and Scientific Evidence | Chapter 1: Expert and Other Opinion Testimony | Article 2: Evidence of Market Value of Property
Section titles shown in [brackets] are editorial additions for navigation purposes and are not part of the official statute.
Rule Text
When relevant to the determination of the value of property, a witness may take into account as a basis for his opinion the capitalized value of the reasonable net rental value attributable to the land and existing improvements thereon (as distinguished from the capitalized value of the income or profits attributable to the business conducted thereon).
Amendment history: Added by Stats. 1965, Ch. 1151.